About Elex products
Elex products is a company based in Nairobi (Kenya) founded in 2002.. Elex products operates in a competitive market with competitors including Bidco Africa, Menengai Oil Refineries, Tropikal, HACO Industries and Velocity Limited, among others.
- Headquarter Nairobi, Kenya
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Sectors
Consumer
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Phone
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Website
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Social
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Annual Revenue
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Net Profit
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EBITDA
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Latest Funding Round
- Investors
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Employee Count
Employee Count
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Funding Insights of Elex products
- Total Funding Total Funding
- Total Rounds 1
- Last Round Last Round
- First Round First Round
- Investors Count 1
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Mar, 2008 | Amount | Series A - Elex products | Valuation |
investors |
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
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| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Investors in Elex products
Elex products has secured backing from 1 investor, including institutional investors. Prominent investors backing the company include Businesspartners.co.ke. This diverse investor base provides strategic capital, industry expertise, and valuable network connections that support the company's growth initiatives, market expansion, and long-term value creation.
| Investor | Description | Founded Year | Domain | Location |
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Business partnerships in Kenya are facilitated via an online platform.
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Founded Year | Domain | Location |
| Investor | Description | Founded Year | Domain | Location |
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Single family office of Amitabh Bachchan, founder of Amitabh Bachchan Corporation or AB CORP
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Founded Year | Domain | Location | |
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Startup ecosystems are ignited through strategic investments by Signite Partners.
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Venture capital is directed toward companies in multiple sectors.
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Founded Year | Domain | Location | |
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Venture capital is invested in cybersecurity, fintech, and AI startups.
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Investments & Acquisitions by Elex products
| Company Name | Description | Domain | Location | Founded Year | Amount |
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Bionic investment advisor platform
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2016 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 | ||||
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Physical e-commerce kiosks are deployed for rural purchases in Indonesia.
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2014 | ||||
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Fine Asian gourmet food is offered by an internet-first restaurant.
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2016 |
Financial Statements - Elex products
| Date | Amount | Transaction Name | Valuation | Lead Investors | Investors |
|---|---|---|---|---|---|
| Jul, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Jan, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
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| Feb, 2021 | Amount | Post-IPO - Grab | Valuation |
investors |
Elex Products Comparisons
Competitors of Elex products
Elex products operates in a dynamic and competitive business environment, facing competition from various established players and emerging companies in the market. The competitive landscape includes prominent companies such as Bidco Africa, Menengai Oil Refineries, Tropikal, HACO Industries and Velocity Limited, among others. This competitive environment drives innovation, market differentiation, and strategic positioning as companies strive to capture market share and deliver value to their customers. Understanding the competitive dynamics is crucial for assessing market positioning, identifying growth opportunities, and navigating the challenges inherent in a competitive marketplace.
| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Manufacturer of edible oils, fats, hygiene, personal care, and food & beverage products
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Home and personal care products are manufactured and branded.
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Produces and distributes home care, personal care, beverages, and car care items for everyday use.
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Manufactures and supplies FMCG products like personal care and homecare in East Africa.
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Specializes in a range of home care and skin care products for everyday use.
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| Company Name | Domain | Founded year | HQ Location | Description |
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| domain | founded_year | HQ Location |
Multiple services are booked via an app-based platform.
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On-demand services are booked through an app-based platform.
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App based platform offering on demand delivery and ride-hailing services
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Operates an on-demand hyperlocal delivery app for food and groceries.
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Frequently Asked Questions about Elex products
When was Elex products founded?
Elex products was founded in 2002 and raised its 1st funding round 6 years after it was founded.
Where is Elex products located?
Elex products is headquartered in Nairobi, Kenya.
What does Elex products do?
Elex Products was established in 2002 in Nairobi, Kenya, as a manufacturer and brand focused on home care products. Operations center on producing and marketing items for household maintenance and cleaning. The company operates within the consumer goods sector, with its primary activities based in Kenya. Distribution occurs through local and regional channels, supporting everyday home needs in the East African market.
Who are the top competitors of Elex products?
Elex products's top competitors include Bidco Africa, Menengai Oil Refineries and Tropikal.
Who are Elex products's investors?
Elex products has 1 investor. Key investors include Businesspartners.co.ke.